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Gautam Adani
Gautam Adani (born June 24, 1962) is an Indian billionaire industrialist and the founder and chairman of the Adani Group, a global conglomerate with interests in port development, logistics, energy,
...Read more- Adanis Not Named in US Bribery, Obstruction Charges, Says Mukul Rohatgi | N18G
Senior advocate Mukul Rohatgi clarified that neither Gautam Adani nor Sagar Adani is named in the bribery or obstruction of justice charges under the US Foreign Corrupt Practices Act (FCPA) in a recent indictment. The criminal indictment, filed by the US Department of Justice (DoJ) and a civil complaint by the SEC, targets Adani Group executives but lacks specifics on bribery allegations. Rohatgi emphasised that the FCPA and obstruction charges are more serious than securities and wire fraud charges. Criticising the indictment’s lack of detailed evidence, Rohatgi stated his comments were personal, though he has represented the Adani Group previously.
- Indian Billionaire Gautam Adani charged by US over alleged $250 million bribe plot
Gautam Adani, chair of the Adani Group, and two Adani Green Energy executives, Sagar Adani and Vneet Jaain, have been indicted in New York for allegedly orchestrating a multibillion-dollar fraud scheme. U.S. prosecutors claim the trio paid $250 million in bribes between 2020 and 2024 to Indian officials to secure $2 billion in solar energy contracts. Adani Green Energy also raised over $3 billion through false statements. Arrest warrants have been issued for Gautam and Sagar Adani, with plans to involve foreign law enforcement. The allegations further strain Adani Group's reputation as Gautam Adani ranks as the world’s 22nd richest person.
